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Jan 14 - 11:55 PM

EUR/USD - Consolidates Around 1.2150 In Listless Session

By John Noonan  —  Jan 14 - 09:59 PM
  • EUR/USD opened unchanged at 1.2155 and traded 1.2144/61 in the Asian morning

  • Heading into the afternoon session it is trading 1.2140/50

  • Muted reaction to leaked Biden stimulus plan and some profit taking on risk

  • E-mini futures are down around 0.20% after being up 0.20% earlier

  • EUR/USD buyers are tipped ahead of 1.2100 with yesterday's low at 1.2111

  • Support is at the 38.2 of the 1.1602/1.2349 move at 1.2063

  • Sellers are tipped around 1.2200 with resistance at 21-day MA at 1.2223

  • Risk is for lower EUR/USD while the 21-day MA contains rallies

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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